Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola Updated On Wed, Jan 18th, 2023 by Saurenergy Iberdrola has said that the Spanish multinational utility has entered into an alliance with Norway’s sovereign wealth fund, to invest in 1,265 MW of new renewables capacity in Spain. According to the terms of the agreement, the valuation of 100% of the assets in the portfolio amounts to approximately EUR 1.2 billion. The Norwegian fund […] Read more
Pune’s Arenq Collaborates with Kerala Automobiles Ltd for EV Distribution, Batteries Updated On Wed, Jan 18th, 2023 by Saurenergy Pune-based Arenq, which claims to be India’s fast-growing manufacturer and distributor of storage batteries, has announced that it has forged a long-term partnership with KAL (Kerala Automobiles Limited), the public sector automobile manufacturing company. The partnership will enable the supply of motors, motor controllers, and batteries for all their vehicles. Together, the firms will also […] Read more
Masdar, Azerbaijan’s SOCAR Sign Deal to Develop 4 GW Renewable Energy Projects Updated On Wed, Jan 18th, 2023 by Saurenergy Expanding its already established-role in Central Asia, UAE flagship company developing renewable energy, Masdar has announced new deal with the State Oil Company of the Republic of Azerbaijan (SOCAR) to develop onshore wind and solar projects. Masdar will also develop integrated offshore wind and green hydrogen projects. The total combined capacity of projects has been […] Read more
Solar-Driven Photocatalysts for Hydrogen Conversion Updated On Wed, Jan 18th, 2023 by Saurenergy Hydrogen energy has promising prospects and scientists are thinking of new ways for its conversion, At present, hydrogen is produced from fossil fuel methane. However, the process takes up large amounts of fossil fuel energy. A team of researchers from City University of Hong Kong (CityU) has come up with perovskite photocatalyst promising the conversion […] Read more
Solar Tech Startup Loom Solar Raises $2 Mn Funding from SIMA Funds, USA Updated On Wed, Jan 18th, 2023 by Saurenergy Emerging start-up in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers and Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others. The start-up that looks into the manufacturing of bi-facial solar panels and lithium battery, is headquartered in […] Read more
IIT Palakkad Offers Rs 2 Cr to Step Up Renewable Energy & Safety Solutions Updated On Tue, Jan 17th, 2023 by Saurenergy In a key development, the Technology IHub Foundation (IPTIF) of IIT Palakkad has announced the launch of Samarth Maha Utsav that is aimed at encouraging innovation in Renewable Energy and Safety. The new contest is called the flagship national contest of IIT Palakkad. As per the premier engineering institute, candidates that are interested in the […] Read more
Rays Power Infra Commissions its Largest Solar Project in Bangladesh at 275 MW Updated On Tue, Jan 17th, 2023 by Saurenergy Solar EPC firm Rays Power Infra has announced the commissioning of a 275 MW(DC) grid-connected solar power plant in Sundarganj, Gaibandha, Bangladesh. Spread over 600 acres of land, the project will offset over 375 billion tonnes of CO2 emissions, equivalent to 2.5 Lacs fuel engine cars, powering 5 lakh households in Bangladesh. The project comprises […] Read more
Greek Developer Mytilineos Secures Funding for 230 MW Solar Projects in Australia Updated On Tue, Jan 17th, 2023 by Saurenergy Greek industrial and energy giant Mytilineos has secured financing of A$234 million for another three solar farms. Mytilineos informed that two solar projects are in Queensland and one in New South Wales. This also marks the final closing of the second of projects pipeline that belong to Mytilineos in Australia. Mytilineos said that the finance […] Read more
European Solar Residential Market Poised for Over 9% CAGR Updated On Tue, Jan 17th, 2023 by Saurenergy A recent report that delves into the residential solar market of Europe, titled, “European Residential Solar Market: Analysis By Accumulated Installation, By Accumulated Capacity, By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027″ predicts that it set for growth of 9.60% CAGR. The estimates have been made for a period […] Read more
